Investment Education

– Italy stocks were lower after the close on Wednesday, as losses in the Technology , Chemicals and Travel & Leisure sectors led shares lower.

At the close in Milan, the Italy 40 lost 0.32% to hit a new 1-month low.

The best performers of the session on the Italy 40 were Banca Monte dei Paschi di Siena SpA (BIT: BMPS ), which rose 3.15% or 0.18 points to trade at 6.02 at the close. Meanwhile, Pirelli & C SPA (BIT: PIRC ) added 1.85% or 0.09 points to end at 5.06 and Davide Campari Milano SpA (BIT: CPRI ) was up 1.77% or 0.10 points to 5.75 in late trade.

The worst performers of the session were STMicroelectronics (BIT: STMMI ), which fell 2.33% or 0.57 points to trade at 23.87 at the close. Assicurazioni Generali SpA (BIT: GASI ) declined 2.24% or 0.62 points to end at 27.08 and Iveco Group NV (BIT: IVG ) was down 1.02% or 0.09 points to 9.12.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 286 to 222 and 53 ended unchanged.

Crude oil for January delivery was down 0.47% or 0.32 to $68.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.53% or 0.38 to hit $71.94 a barrel, while the February Gold Futures contract rose 0.68% or 17.96 to trade at $2,664.26 a troy ounce.

EUR/USD was up 0.89% to 1.06, while EUR/GBP unchanged 0.00% to 0.83.

The US Dollar Index Futures was down 0.99% at 105.91.